King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals

King River Resources Limited is an Australia-based exploration and mining company. The Company operates through two segments: ARC High Purity Alumina (HPA), and Exploration and Evaluation. ARC HPA Project segment develops the ARC HPA process and precursor compound to produce HPA. Exploration and Evaluation segment is engaged in exploration and evaluation activities of its gold projects in Australia. The Company’s projects include Rover East Project, Tennant Creek East Project, Barkly Project, Mt Remarkable Project and Kurundi Project. The Mt Remarkable Project is located 200km southwest of Kununurra in the East Kimberley, Western Australia and covers over 2,100 square kilometers of adjacent and/or nearby granted exploration licenses. The Tennant Creek Project is located to the East, Southeast and South of the rich historic goldfields of Tennant Creek comprising gold-copper exploration leases and applications measuring some 6,000 square kilometers.

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King River Resources Ltd

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Post by materialsgirlon Nov 19, 2021 10:00am

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Post# 34145171

Farquar just did an excellent blog about reserves etc

Following Farquars logic the next logical step is for a major gold miner

with assets in Australia to make a takeover bid,

There is much chatter in North America about who will be the next
takeover target or who will merge.

My instinct is that there will be a takeover bid within 20 months.

$1 billion in USA dollars will be dirt cheap as we are moving
from 150,000 to 200,000 production. Perhaps $10 Canadian ?

I do not know if I would vote to sell. It will depend on the resources then,
the costs and the production on one hand and the price of Gold on
the other hand.

We will be a takeover target for sure.

mat

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From now on, dynaCERT instead of Bitcoin or NVIDIA?